Baiju Bhatt, co-founder of the popular trading app Robinhood, recently shared insights into his entrepreneurial journey in a Wall Street Journal interview. His path to success was marked by significant initial hurdles, including 70 rejections from potential investors before Robinhood took off, a platform that revolutionized retail investing by eliminating trading fees.
In a surprising move in March 2024, Bhatt stepped down from his executive role as chief creative officer at Robinhood to pursue a new venture, Cowboy Space Corp. He remains on Robinhood's board but has shifted his focus entirely. His new company, initially named Aetherflux when launched around October 2024 and rebranded to Cowboy Space Corporation in May 2026, aims to build data centers that operate from space and beam solar power back to Earth. This ambitious project has already secured $275 million in funding.
Cowboy Space Corp. plans to achieve its goals through vertical integration, including developing its own rockets to launch thousands of orbital data centers. The company intends to launch demonstration satellites in 2026. This pivot from democratizing stock trading to establishing infrastructure in low Earth orbit highlights Bhatt's willingness to take on new challenges and represents a significant career change for the billionaire tech founder.
